Why bearish?
Because the FUDsters said so for the entire week-end, "forgetting" about the fact that US money machine is being set to print more 1.9 Trillion green paper which will keep the voters happy and make HODLers richer.
Topic: ARE WE STILL BULLISH OR BEARISH ? - page 5. (Read 930 times)
Because the FUDsters said so for the entire week-end, "forgetting" about the fact that US money machine is being set to print more 1.9 Trillion green paper which will keep the voters happy and make HODLers richer.
Bearish already for you guys? just with some slips and dips, I don't find it to be bearish at all. There's more to go that awaits for this year and that won't conclude that it's already a bearish signal.
A reduction of $10k-$13k from the ATH of $58k isn't a lot, compare to the start of this bull run. On the same day on December 28th, 2020 bitcoin was $26,950. Just 2 months from today with the price of $45,100.
I am also of the same opinion. Now the price of bitcoin is over $ 46,000 and is slowly rising again. Compared to what we hoped to see over $ 20,000 just a few months ago, this is a huge increase that has never happened before. Of course, we cannot hope that bitcoin will continue to rise in value. Periodic corrections and significant drops are inevitable. However, this year is special for cryptocurrency. Most of it should be characterized by price growth. Therefore, now the fall may even be very significant. For experienced participants in this market, such a drop will be just a gift.A reduction of $10k-$13k from the ATH of $58k isn't a lot, compare to the start of this bull run. On the same day on December 28th, 2020 bitcoin was $26,950. Just 2 months from today with the price of $45,100.
They're quick to give that opinion although everyone is entitled to give their opinions and so do we. We're now having that judgment that whenever bitcoin drops, we're very sure that it will recover afterwards.
Completely bullish. Why bearish? Because it dropped around 20%? Okay, we're on this "Tesla period" right now, I think that now it's calmed down. But, no, no bearish. We'd be bearish if something there was a crash to $20k, but all these hypes, and the pandemic and the panicked investors pump bitcoin price.
Also, have you taken a look on twitter? If this isn't bullish, I don't know what it is!
Also, have you taken a look on twitter? If this isn't bullish, I don't know what it is!
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
My current opinion on this situation is that you could already take the profit that you have gained and then wait for another opportunity to invest it all in one instant. The current trend is that its looking for a value in which it would stabilize but we are not sure when it would stay at that specific value so we have to keep watch of Bitcoin's value for a long time and waiting is always part of it if we want to gain profit. Waiting for the $30k region is safer than buying at the current value but that would really require patience but it depends on everybody's gut feeling.
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
In my opinion we have had a lot of traction for a bull run over the past two months. This correction is obvious and at the psychological resistance level pressed by many conflicting rumors causes confidence to drop. Of course, I think this is natural but we are off to a good start this week. The red point is still likely to move down because the fast take profit is triggered. but i suppose the perfect correction will range in impedance 44k-45k $. At this level, psycho will still be able to trigger a strong Hold. Bearish already for you guys? just with some slips and dips, I don't find it to be bearish at all. There's more to go that awaits for this year and that won't conclude that it's already a bearish signal.
A reduction of $10k-$13k from the ATH of $58k isn't a lot, compare to the start of this bull run. On the same day on December 28th, 2020 bitcoin was $26,950. Just 2 months from today with the price of $45,100.
I am also of the same opinion. Now the price of bitcoin is over $ 46,000 and is slowly rising again. Compared to what we hoped to see over $ 20,000 just a few months ago, this is a huge increase that has never happened before. Of course, we cannot hope that bitcoin will continue to rise in value. Periodic corrections and significant drops are inevitable. However, this year is special for cryptocurrency. Most of it should be characterized by price growth. Therefore, now the fall may even be very significant. For experienced participants in this market, such a drop will be just a gift. A reduction of $10k-$13k from the ATH of $58k isn't a lot, compare to the start of this bull run. On the same day on December 28th, 2020 bitcoin was $26,950. Just 2 months from today with the price of $45,100.
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
The Bitcoin market will be bearish in the short term and bullish in the long term.
March and April are usually bearish months for Bitcoin,so there's no need to worry.More important is what will happen with the BTC price at the end of 2021.Are we going to witness another major pump "to the moon",or the end of 2021 will be more like the end of 2018-bear market and price stagnation.
I don't care about the current price.I just want to earn as much BTC as possible and prepare for the next bull run.
It is really a big concern right. I have closely monitored the moves so that I will be on safe side. Whether bull or bear I am covered. But have it in mind that the bear will come one day.
How are you covered? Because you sold some BTC at the ATH and now have cash sitting waiting to buy if it goes lower? Let me know. Thanks! 
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips. currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
The Bitcoin market will be bearish in the short term and bullish in the long term.
March and April are usually bearish months for Bitcoin,so there's no need to worry.More important is what will happen with the BTC price at the end of 2021.Are we going to witness another major pump "to the moon",or the end of 2021 will be more like the end of 2018-bear market and price stagnation.
I don't care about the current price.I just want to earn as much BTC as possible and prepare for the next bull run.
We are actually experiencing some bearish trends now. If that retesting some $40k areas, we can still experience some long bear market. We shall accept the fact that we can not always be on the bullish part. That 30% dropped makes the traders and investors goes to panic but as I can see, bitcoin still strong to manage to go further above $50,k again.
I think right now the bitcoin is taking time for having a retest for the market is the bitcoin makes another ATH for the 60k or going for another dump and wait for the 20k again.
Base on the market graph of the bitcoin today we experience the bearish time if you are trying to look with the 1D, 12 Hrs, or even 3 days graph still there are no changes or being stable of the coin still better to keep conscious about the unexpected dump or pump.
Base on the market graph of the bitcoin today we experience the bearish time if you are trying to look with the 1D, 12 Hrs, or even 3 days graph still there are no changes or being stable of the coin still better to keep conscious about the unexpected dump or pump.
We are bullish.
Bear markets look the same every time for Bitcoin. There's a new ATH, a crash of usually 40-50%, a dead cat bounce, another crash down and a consolidation above the previous bull market ATH.
Now it's still a correction until we see more signs of a bear market. If you're scared i'll tell you that the worst thing that will happen is a consolidation around 25000 and another bull market.
If that's unbearable news for you, sell and be done with it
Bear markets look the same every time for Bitcoin. There's a new ATH, a crash of usually 40-50%, a dead cat bounce, another crash down and a consolidation above the previous bull market ATH.
Now it's still a correction until we see more signs of a bear market. If you're scared i'll tell you that the worst thing that will happen is a consolidation around 25000 and another bull market.
If that's unbearable news for you, sell and be done with it
The hype is over. so we can expect it be bearish.
~snip~
No! That is a big lie, do you have a crystal ball on this, and you able to see what will happen in the future? Dont be silly dude. ~snip~
At first, we are not on hype and bitcoin has real investors, from small, individual and then the large institutions who invested in bitcoin last few months and that is the reason bitcoin pumped too much. But now there are some whales trying to manipulate the market, I guess selling a large share of bitcoin.
There are speculations that we are under on correction stage of bitcoin price and I hope they are right but I didn't think it is the end of a bearish trend in the market.
The hype is over. so we can expect it be bearish.
Seriously? You got to be kidding.I really don't get it, all these posts saying that we are in the bear market just because price dropped for less than 30%. I mean, I can understand people panicking back in 2017 but now after everything that we experience in the last couple of years to call it a bearish..
I would personally start thinking that we entered bear period if we drop below 20,000 but as long as we are over that, for me it's still bullish. Just draw the parallel with the beginning of 2017 and you will see that best is yet to be come.
we have seen some little dips in the past few days and its a big concern which many have said we should brace up for dips.
Everyone is just busy shouting dips here and there, and I wonder what's with this historical month of March not always being a good month for Bitcoin, maybe that's what most people are scared of that's why they are dumping their Gem BTC currently the price is bouncing off the 44k region which can mean we might go up a little. looking at the chart i see 42-42k region as a strong support but if we close below this region then we might be in for a long to the 30k region. such is how market behaves so anyone who is happy about moon should also be expecting the dip. please give your views about the current market situations in terms of being bullish or bearish.
Personally I don't think this is the end of the bull run there are still some hypes around, also more financial institutions are still buying bitcoin so that's a good sign that we might not dip too low, dipping $10k-13k from the recent ATH doesn't mean bitcoin is gonna turn bearish, we just need more good news and slowly we will recover from this dip and even move to a new ATH of $60k.
Bullish. One of the reasons that we were all so bullish last week was because there's a lot of companies currently deciding whether or not to put some of spare cash into Bitcoin instead. A $1.9trillion stimulus bill has just been approved by the house. Previous bull runs at this time in the 4 year cycle have run much later into the year including quite a few ~30% corrections.
Nothing much has fundamentally changed over the last 10 days so I can't see any good reason to think this bull run is over yet.
https://rektcapital.substack.com/p/5-facts-about-bitcoin-corrections?fbclid=IwAR0ek1bq_v23eewtuNIlz4VrOwrxXXZ8g5j0U9Qmx4clZQDKfgKg6y3ziSI
Nothing much has fundamentally changed over the last 10 days so I can't see any good reason to think this bull run is over yet.
https://rektcapital.substack.com/p/5-facts-about-bitcoin-corrections?fbclid=IwAR0ek1bq_v23eewtuNIlz4VrOwrxXXZ8g5j0U9Qmx4clZQDKfgKg6y3ziSI
Wow, the price went down quite significantly already. I think the price is getting down gradually, so the market is entering the correction phase if not a bearish trend. I think the price can still move around $2k up again, but then it'll go down even lower than right now, and eventually I think the price is likely to get to $30k or perhaps even a little lower. I do agree with others on the long-term bullish perspective, though, because after the current run, I have no doubt we'll see a new ATH in a couple of years. It's okay for me if the price goes down and everything gets calmer, and I believe it's fine for others who've been following Bitcoin for years as well.
Did Elon already panic sell?
The hype is over. so we can expect it be bearish.
I agree the hype must be there in order for money to be pouring into the market, but as BTC goes under 45k peoples' sentiment takes yet another blow. As it stands the bearish market seems to become the regular market, not so much an immediate future of bullish I still believe we will hit 100k before the end of the year.
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